Report: Brandon Lloyd open to taking a pay cut to remain in New England

According to ESPN’s Adam Schefter (via Evan Silva), Brandon Lloyd is willing to take a pay cut to stay with the Patriots. He’s due a $3 million bonus on Saturday.

“They signed Donald Jones, they have Emmanuel Sanders (at club headquarters), and they’ve gotta make a decision on Brandon Lloyd,” Schefter explained, per Rotoworld.com. “He’s got a $3 million roster bonus. Brandon Lloyd would like to work out a restructured deal. And the two sides, it is my understanding, have spoken about that. Brandon Lloyd could end up staying on in New England at some type of reduced deal.”

Lloyd had a pretty good year in 2012, but he wasn’t able to be the deep threat the Pats were hoping he’d be for them.